3one4 Capital leads fresh funding round in digital lending firm LoanTap
Mumbai-based LoanTap Financial Technologies Pvt. Ltd, a digital platform that offers loans and overdraft products to salaried professionals, has raised $8 million (Rs 57 crore at current exchange rates) in a fresh round of funding, the firm’s fifth since inception, led by new investor 3one4 Capital.
Published in: VC Circle
SC verdict on Aadhaar rattles companies with eKYC and lending operations
“A law has to be passed or a Union Cabinet note has to be issued to allow the legitimate use of Aadhaar-based e-KYC for faster onboarding and to usher in Digital India,” said Vishwas Patel, chairman, Payments Council of India (PCI).
Published in: VC Circle
Shunwei Capital leads fresh funding round in fintech startup LoanTap
Mumbai-based LoanTap Financial Technologies Pvt. Ltd, a digital platform that offers loans and overdraft products to salaried professionals, has raised $6.25 million (around Rs 42.8 crore) in a fresh round of funding led by Chinese venture capital firm Shunwei Capital, a company statement said on Thursday
Published in: VC Circle
Regulation is the need of the hour for P2P startups
A major issue affecting any nascent industry is regulation. There are pros and cons: Though regulation seems to stifle innovation, unbridled organisations may cause more harm than good to the society.
Published in: VC Circle